Indian markets rebound day after massive crash due to Trump tariff shock
After recording its biggest one-day decline in ten months due to investor fear sparked by a US tariff-driven selloff, the stock market recovered throughout Tuesday, April 8's trading session. The benchmark BSE Sensex was up 1,542.37 points, or 2.11 percent, at 12:45 p.m., closing at 74,680.27. Reaching 22,640.45, the broader NSE Nifty was up 478.85 points, or 2.16 percent.
Titan Company saw the largest increase of 4.22 percent among the 30 Sensex equities, closing at ₹3,151.15. Next in line were Larsen & Toubro, up 3.73 percent, trading at ₹3,185.35, and Infosys, up 3.95 percent, trading at ₹1,453. Every stock on the Sensex was up.
The Financial Services Ex-Bank Index increased by 3.06 percent, to 25,759.05. This was the largest increase among the Nifty sectoral indices. Nifty Midsmall Financial Services, which was up 2.95 percent, reaching 14,839.20, and Nifty IT, which was up 2.97 percent, reaching 33,637.95, came next.